Wednesday, Sep 18, 2002 5:00 AM

RESEARCH TRIANGLE PARK, N.C., September 18, 2002- The Council for Entrepreneurial Development and Springboard Enterprises have selected Geomagic as one of the 16 women-led companies that will present their businesses at the Springboard: Southeast 2002 venture capital forum. The event is scheduled for September 27 at the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School.

Finalists for the forum were selected by a committee of the area’s leading venture capitalists and service providers from a field of 100 candidates recruited from Florida to Maryland. The Southeast forum presenters join 214 past Springboard participants from throughout the country who have raised more than $750 million dollars for their companies since January 2000.

“The women chosen to present at Springboard: Southeast 2002 represent the next wave of successful entrepreneurs in this fertile region,” says Monica Doss, president of the Council for Entrepreneurial Development. “These forums provide women entrepreneurs with access to the ‘who’s who’ within the investment community.”

“It will be an honor to present Geomagic at this forum,” says Ping Fu, the company’s president and CEO. “It is recognition that Geomagic is making a positive impact on the way companies design, manufacture and inspect products.”

About CED

The Council for Entrepreneurial Development (www.cednc.org), located in Research Triangle Park, N.C., is a private, non-profit organization formed in 1984 to stimulate the creation and growth of high-impact companies in the greater Research Triangle region.

About Springboard Enterprises

Springboard Enterprises (www.springboardenterprises.org), is a Washington, D.C.-based non-profit organization dedicated to increasing women-led high-growth enterprises’ access to the equity markets.

About Geomagic

Geomagic (www.geomagic.com) is a global company dedicated to advancing and applying 3D technology for the benefit of humanity. Geomagic’s scanning and design software solutions are used to capture and model 3D content from physical objects, organically sculpt complex shapes, and prepare products for manufacturing. In addition, the company produces powerful 3D metrology and inspection software that verifies dimensional quality by comparing as-built products to master designs. Geomagic’s Sensable Phantom haptic devices simulate the sense of touch in a digital environment. 

Geomagic’s software and hardware are utilized by world-class customers in a variety of industries, including aerospace, automotive, medical, consumer products, toys, collectibles, coindesign, jewelry, fine art, heritage restoration, research, education, mold making, entertainment, training and surgical simulation. In fact, some of the world’s leading companies and research organizationsuse Geomagic software, including Ford, BMW,Boeing, Harley DavidsonTimberland, Mattel/Fisher Price, Lego, Pratt & WhitneyNASA, Schneider Electronic, 3M, Danaher and Invisalign. Geomagic is based in Research Triangle Park, N.C., USA, with an office in Boston, subsidiaries in Europe and Asia, and channel partners worldwide.

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Geomagic, Geomagic Studio, Geomagic Qualify, Geomagic Qualify Probe, Geomagic Spark, Wrap, Geomagic Wrap, Phantom, OpenHaptics, Omni, Freeform, Claytools, Sensable and Sensable Technologies, Inc. are trademarks or registered trademarks of Geomagic Inc.  All other trademarks are the property of their respective owners.

Media Contact:

Rachael Taggart
Geomagic, Inc.
+(1) 919-474-0135
Contact Rachael